August 14, 2024
MLG Capital Recognized on Inc. 5000 List of Fastest Growing Private Companies in U.S. for Fourth Consecutive Year
Private equity real estate investment firm lands in top 10 companies in Milwaukee and top 30 statewide Brookfield, Wis. (August 14, 2024) – The 2024 Inc. 5000 List of the Fastest Growing Private Companies in the United States was announced with MLG Holdings, parent of MLG Capital, named 3,530 on the list. The award marks the fourth consecutive year MLG has been recognized for its strategic growth. The company landed 82nd overall in the Real Estate category – up from 101st in 2023, 26th in the State of Wisconsin and 9th of all companies in the Milwaukee metro area. MLG’s consistent presence on the prestigious Inc. 5000 list underscores its commitment to sustained growth, innovation and excellence. The private investment real estate management firm headquartered in Brookfield, Wis., has been achieving significant and sustainable growth over the past several years, growing and launching new private real estate funds, expanding its nationwide footprint – including with a new Denver office – and continuing to identify and acquire smart real estate deals that create returns for its investors. “We are honored to be recognized on the Inc. 5000 list once again,” said Tim Wallen, CEO and Principal of MLG Capital. “This achievement...
July 18, 2024
MLG Capital Acquires Premier Texas Apartment Development Completed Last Year
Multifamily property in booming Frisco is MLG’s 54th acquisition in Texas Dallas, TX (July 18, 2024) – MLG Capital – a national leader in private real estate investments – today announced its acquisition of the recently constructed and newly named The Jade at Frisco apartment development, located at 16220 Phoebe Road in Frisco, Texas. The 424-unit, Class A community was completed in 2023 and supports housing demand in the booming city outside of Dallas. The garden style apartment community features resort-quality amenities, including a pool, sundeck and cabanas, game room, fitness and yoga facilities, EV stations and high-end interior finishes. The population of Frisco grew by 6 percent in 2023, and it was recently named the fastest rising city in the U.S. by FinanceBuzz. It also ranks in the top five cities in both safety and affordability according to SmartAsset Advisors. “We are thrilled to add another Class A suburban garden style apartment complex to our portfolio and to increase our owner-operator footprint in North Texas,” said Ryan Mueller, Senior Vice President at MLG Capital. “Frisco has been a magnet for job growth and corporate relocations nationally. Voted one of the safest cities in America, families continue to move into...
July 17, 2024
MLG Capital’s Christen Moloney Selected for Globest. 2024 Woman of Influence Awards
Moloney is fourth woman from MLG Capital to be honored; Award marks third consecutive year of national recognition for MLG Capital Brookfield, Wis. (July 17, 2024) – MLG Capital, a national leader in private equity investments in commercial real estate, today announced that Divisional Controller Christen Moloney has been named to the GlobeSt. Women of Influence Class of 2024. Moloney’s recognition marks the third consecutive year that an MLG employee has received the award. Since 1983, the GlobeSt. Woman of Influence award has recognized a growing number of commercial real estate female professionals for their remarkable achievements. The individual honorees have personally impacted the market and have significantly driven the industry to new heights via their outstanding successes. The 2024 Women of Influence were selected by GlobeSt.’s esteemed advisory board and senior editors based on how well they achieved goals and displayed ingenuity in regard to their nomination category; how impactful their work has been; how dedicated the nominee has been to furthering the development of their field and the role of women within it; and the nominee’s personal commitment to the highest ethical standards, service and excellence. “We are so proud of Christen for this well-deserved recognition,” said Michael...
June 7, 2024
MLG Capital Invests in a Class A Multifamily Property in Kansas City MSA
Thrive at Creekside becomes firm’s 4th asset in Missouri Brookfield, Wis. (June 7, 2024) – MLG Capital – a national leader in diversified private real estate investments – today announced its acquisition of Thrive at Creekside, located at 15310 Trailside Dr in Parkville, Mo. The Class A multifamily property features 264 apartment homes and 100 townhomes and was constructed in 2020 as part of a mixed-use development. MLG’s investment is in partnership with Denver-based multifamily investment firm, Gold Block Ventures. “Thrive at Creekside offered a great opportunity to purchase a stabilized, Class A asset in a desirable market,” said Nathan Clayberg, Vice President of MLG Capital. “We believe there is strong demand for this type of niche and newer property in the submarket and we are excited to expand our footprint in the area.” According to Costar, Parkville is a desirable submarket 15 miles northwest of downtown Kansas City with strong demographics. The area has a high median income, low unemployment rate and limited supply of high-quality multifamily. In fact, Thrive at Creekside was the first multifamily permit granted in 50 years. Additionally, a new elementary school will open adjacent to the property in 2025. MLG Capital has been acquiring...
May 31, 2024
MLG Capital Acquires Orchard Village Multifamily Asset Under Firm’s Innovative Legacy Fund
Apartment property is MLG’s 9th acquisition in Chicago MSA Brookfield, Wis. (May 31, 2024) – MLG Capital – a national leader in private real estate investments – today announced its acquisition of Orchard Village, located at 1240 W Indian Trail in Aurora, IL. The 272-unit property was built in 2000 and has an amenity set complete with a heated pool, clubhouse and fitness center, dog park and more across its expansive, well-landscaped grounds. Units feature attractive layouts and in-unit washer/dryers. MLG acquired an interest in the property using 1031 exchange proceeds from its innovative Legacy Fund, which offers a tax-deferred exit strategy for private real estate owners. Orchard Village is well-located near several schools, parks, a hospital and other community amenities. The property is just 1 mile from I-88 and 3.5 miles from the Aurora Metra Station. With a low vacancy rate in the submarket and limited projected new supply, MLG anticipates continued demand for the property. “Orchard Village presents the exciting opportunity to acquire a quality multifamily asset in a supply constrained submarket of Chicago,” said Daniel Price, Senior Vice President at MLG Capital “Adding this to the Legacy Fund further enhances the diversification we provide to our investors....
May 24, 2024
MLG Capital Purchases Walnut Lake Multifamily Property in Iowa
Apartment property acquired by MLG’s innovative Legacy Fund Brookfield, Wis. (May 24, 2024) – MLG Capital – a national leader in diversified private real estate investments – today announced its acquisition of the Walnut Lake apartment property, located at 4454 NW 142nd St. in Urbandale, Iowa. The multifamily property was completed in 2016 and features 180 apartment units, robust amenities and a desirable location in a desirable western suburb of Des Moines. MLG acquired an interest in the property using 1031 exchange proceeds from its innovative Legacy Fund, which offers a tax-deferred exit strategy for private real estate owners. “We’re excited to be acquiring Walnut Lake. It’s a quality, newer construction property in a fast-growing suburb of Des Moines, a market that we believe has strong underlying fundamentals,” said Daniel Price, senior vice president at MLG Capital. “The asset is well-positioned to benefit from the overall growth of the region, and we think it will perform very well over the course of our ownership.” According to CoStar, the immediate area is projected to see 10%+ population growth over the next five years – a testament to the quality of location, which includes one of the best rated school districts in...
May 16, 2024
MLG Capital Announces Expansion to Denver
National private equity real estate investment firm adds fourth location with plans to further expand acquisition and fundraising reach in the Mountain West region DENVER (May 16, 2024) – MLG Capital today announced that it has expanded its nationwide footprint with the addition of a new Denver office located in the Denver Tech Center (8490 E Crescent Pkwy, Greenwood Village, CO, Suite 120), one of the metro area’s primary employment hubs. This addition adds to MLG Capital’s offices in Brookfield, WI; Dallas, TX and Sarasota, FL. The firm is looking to expand its footprint in the Mountain West region and recently acquired Lowry North, a 192-unit multifamily property in Denver. This acquisition adds to MLG Capital’s existing Colorado portfolio which also includes a 112-unit multifamily property in Durango. The firm sees strong potential for additional acquisitions in Denver and the broader Front Range. “As MLG Capital continues to grow strategically, we believe there is an exciting opportunity in the Mountain West to take advantage of significant demand drivers in multiple markets across the region,” said Tom Pugh, Assistant Vice President at MLG Capital and new Denver office lead. “We’re excited to introduce and expand our strong, 37-year reputation as a respected...
March 8, 2024
Copperfield Apartments Property Sold by MLG Capital
Firm executes smart deal strategy; successfully sells prime Fort Worth property, elevating investor returns Dallas, Texas (March 8, 2024) – MLG Capital today announced that it has sold Copperfield Apartments, a 323-unit multifamily property located at 6051 S Hulen St. in Fort Worth, Texas. The sale closed on March 7 to an undisclosed buyer. The disposition of the property is part of MLG’s deal strategy to buy and sell real estate investments with a core focus on growing operating income and/or reducing operating expenses to maximize return to investors. MLG Capital purchased the Class B multifamily property in 2019 as part of MLG’s series of MLG Private Funds. At acquisition, Copperfield Apartments, which has a prime location in Southwest Fort Worth, offered significant value-add opportunity through interior and exterior renovations. MLG Capital renovated over 100 apartment units and made various common area improvements in its 5-year hold, including renovating the clubhouse, updating the pool area and adding an outdoor firepit. “We are excited to go full cycle on this investment. Over the past 5 years, we’ve executed our asset strategy which included a light value add of select interior units. We were able to improve operations, enhance the asset and...
January 4, 2024
2023 Year in Review
As we reflect on the milestones, successes, and growth that defined the past 12 months, we’re thrilled to share our 2023 Year in Review Newsletter. Thank you to our investors, deal partners and industry partners for your trust and partnership. To download the newsletter, click below and join us in celebrating the collective accomplishments that would not have been possible without your support.
December 21, 2023
MLG Capital Purchases Meadows at River Run Multifamily Property in Bolingbrook
Apartment property features quality amenities in a desirable suburban Chicago setting Brookfield, Wis. (December 21, 2023) – MLG Capital – a national leader in diversified private real estate investments – today announced its acquisition of the Meadows at River Run multifamily property, located at 350 Whitewater Drive in Bolingbrook, IL. The apartment property was built in 2001 and features 374 apartment units, high-quality amenities and a suburban location with well-rated school districts and a robust labor market. “We are excited about the acquisition of Meadows at River Run,” said Daniel Price, Senior Vice President at MLG Capital. “We think this is a great property that is very well positioned in the marketplace. Meadows at River Run marks our 18th and final acquisition of 2023, a year in which MLG Capital has remained very active despite overall transaction activity being down significantly.” Meadows at River Run is on a major thoroughfare that provides convenient freeway access and great drive-by visibility. Both to the East and West are strong retail corridors, and the surrounding area has numerous employers and community amenities. The property itself features large, functional units, all with patios/balconies. Select units have stainless appliances, vaulted ceilings and/or attached garages. There...
